Location: Cimarron County, OK | Metro: Cimarron County, OK
| Unit Size | Monthly FMR |
|---|---|
| Studio | $740 |
| 1 Bedroom | $760 |
| 2 Bedrooms | $970 |
| 3 Bedrooms | $1,280 |
| 4 Bedrooms | $1,410 |
| 5 Bedrooms | $1,636 |
| 6 Bedrooms | $1,832 |
| 7 Bedrooms | $1,979 |
| 8 Bedrooms | $2,078 |
U.S. Census Bureau data (2024)
ZIP 73946, located in Cimarron County, OK, can serve as a cash-flow anchor within a Section 8 portfolio strategy. The Fair Market Rent (FMR) for the area is set at $960 for FY 2026, which represents a significant portion of the rental market. Given the lack of recent market data, such as median home values and rental trends, it's prudent to rely on the FMR as a benchmark for evaluating the potential performance of properties in this ZIP.
The absence of current market data suggests that the area might not be experiencing rapid appreciation, making it less suitable as an appreciation play. However, the stability implied by the consistent FMR can provide a reliable source of steady cash flow, especially when compared against other volatile markets. Landlords and small-portfolio investors can benefit from the predictability of the rental income, ensuring a stable anchor for their investment strategy.
Additionally, ZIP 73946 has a low renter share at 0.0%, indicating that the majority of residents are likely homeowners. This characteristic supports the idea that the area is primarily residential rather than transient, reducing the risk of high turnover rates among tenants. While the median income data is not available, the low renter share implies a strong local economy where homeownership is common, further reinforcing the ZIP's suitability as a cash-flow anchor.
In conclusion, ZIP 73946 is best positioned as a cash-flow anchor within a Section 8 portfolio due to its predictable rental income based on the FMR and the predominance of homeownership over renting. This ZIP provides a solid foundation for generating consistent rental revenue, which is essential for maintaining financial stability in real estate investments.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.